Difference between revisions of "Revolver"

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Revolving loan.
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Abbreviation for a revolving loan, available for a set period - for example 5 years - but which is drawn down for shorter set periods, for example 3 or 6 months.
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The loan is repaid and re-borrowed at the end of each such short period.
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== See also ==
 
== See also ==
* [[Revolving loan]]
 
 
* [[Revolving credit facility]]
 
* [[Revolving credit facility]]
  

Latest revision as of 20:51, 27 August 2019

Abbreviation for a revolving loan, available for a set period - for example 5 years - but which is drawn down for shorter set periods, for example 3 or 6 months.

The loan is repaid and re-borrowed at the end of each such short period.


See also